First United (FUNC)
Market Price (5/19/2026): $37.12 | Market Cap: $240.6 MilSector: Financials | Industry: Regional Banks
First United (FUNC)
Market Price (5/19/2026): $37.12Market Cap: $240.6 MilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, Dividend Yield is 2.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.9%, FCF Yield is 9.2% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -31% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 24% Low stock price volatilityVol 12M is 29% | Key risksFUNC key risks include [1] asset quality deterioration highlighted by recent net charge-offs on its commercial and consumer loan relationships. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, Dividend Yield is 2.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.9%, FCF Yield is 9.2% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -31% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 24% |
| Low stock price volatilityVol 12M is 29% |
| Key risksFUNC key risks include [1] asset quality deterioration highlighted by recent net charge-offs on its commercial and consumer loan relationships. |
Qualitative Assessment
AI Analysis | Feedback
1. Strong Q1 2026 Earnings, but Limited Upward Price Action.
First United reported strong first-quarter 2026 financial results, with GAAP net income increasing to $6.7 million, or $1.03 per diluted share, compared to $5.8 million, or $0.89 per diluted share, in the prior year's first quarter. This performance beat analyst consensus estimates of $0.92 EPS by $0.10. The company also achieved an 8 basis-point sequential increase in its non-GAAP net interest margin (NIM) to 3.83% and maintained strong asset quality with net charge-offs at a low 0.05% of average loans. Despite these positive company-specific fundamentals, the stock largely remained at the same level, suggesting that while the earnings were solid, they might have been anticipated or other market dynamics prevented significant appreciation.
2. Regional Banking Sector Underperformance Despite Positive Q1 Results.
The broader regional banking sector, including First United, has experienced a disconnect between strong fundamental performance and stock valuations. While many regional banks reported positive Q1 2026 earnings, benefiting from margin expansion and improved loan activity, the sector as a whole has been trading at its cheapest levels relative to the broader market in a decade. For instance, the regional bank index rose only 3.5% in 2025, significantly underperforming the S&P 500's jump of over 16%. This cautious sentiment towards the sector appears to have muted individual stock gains, even for companies like FUNC with solid earnings.
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Stock Movement Drivers
Fundamental Drivers
The -2.5% change in FUNC stock from 1/31/2026 to 5/18/2026 was primarily driven by a -4.4% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 5182026 | Change |
|---|---|---|---|
| Stock Price ($) | 38.06 | 37.12 | -2.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 86 | 91 | 6.0% |
| Net Income Margin (%) | 28.9% | 27.8% | -3.9% |
| P/E Multiple | 9.9 | 9.5 | -4.4% |
| Shares Outstanding (Mil) | 6 | 6 | 0.2% |
| Cumulative Contribution | -2.5% |
Market Drivers
1/31/2026 to 5/18/2026| Return | Correlation | |
|---|---|---|
| FUNC | -2.5% | |
| Market (SPY) | 7.0% | 26.4% |
| Sector (XLF) | -2.7% | 38.5% |
Fundamental Drivers
The 9.0% change in FUNC stock from 10/31/2025 to 5/18/2026 was primarily driven by a 9.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 10312025 | 5182026 | Change |
|---|---|---|---|
| Stock Price ($) | 34.06 | 37.12 | 9.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 84 | 91 | 9.0% |
| Net Income Margin (%) | 28.4% | 27.8% | -2.0% |
| P/E Multiple | 9.3 | 9.5 | 1.9% |
| Shares Outstanding (Mil) | 6 | 6 | 0.1% |
| Cumulative Contribution | 9.0% |
Market Drivers
10/31/2025 to 5/18/2026| Return | Correlation | |
|---|---|---|
| FUNC | 9.0% | |
| Market (SPY) | 8.9% | 24.2% |
| Sector (XLF) | -0.3% | 42.8% |
Fundamental Drivers
The 28.2% change in FUNC stock from 4/30/2025 to 5/18/2026 was primarily driven by a 14.4% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 4302025 | 5182026 | Change |
|---|---|---|---|
| Stock Price ($) | 28.96 | 37.12 | 28.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 80 | 91 | 14.4% |
| Net Income Margin (%) | 25.8% | 27.8% | 7.8% |
| P/E Multiple | 9.1 | 9.5 | 4.1% |
| Shares Outstanding (Mil) | 6 | 6 | -0.2% |
| Cumulative Contribution | 28.2% |
Market Drivers
4/30/2025 to 5/18/2026| Return | Correlation | |
|---|---|---|
| FUNC | 28.2% | |
| Market (SPY) | 34.7% | 31.4% |
| Sector (XLF) | 7.8% | 47.8% |
Fundamental Drivers
The 175.1% change in FUNC stock from 4/30/2023 to 5/18/2026 was primarily driven by a 164.2% change in the company's P/E Multiple.| (LTM values as of) | 4302023 | 5182026 | Change |
|---|---|---|---|
| Stock Price ($) | 13.49 | 37.12 | 175.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 76 | 91 | 20.7% |
| Net Income Margin (%) | 33.1% | 27.8% | -16.1% |
| P/E Multiple | 3.6 | 9.5 | 164.2% |
| Shares Outstanding (Mil) | 7 | 6 | 2.8% |
| Cumulative Contribution | 175.1% |
Market Drivers
4/30/2023 to 5/18/2026| Return | Correlation | |
|---|---|---|
| FUNC | 175.1% | |
| Market (SPY) | 84.5% | 36.3% |
| Sector (XLF) | 63.7% | 48.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FUNC Return | 25% | 8% | 25% | 48% | 14% | -0% | 187% |
| Peers Return | 31% | 5% | -4% | 12% | 10% | 5% | 70% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| FUNC Win Rate | 67% | 42% | 50% | 58% | 50% | 60% | |
| Peers Win Rate | 72% | 42% | 43% | 52% | 57% | 48% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| FUNC Max Drawdown | -17% | -30% | -38% | -17% | -38% | -12% | |
| Peers Max Drawdown | -18% | -19% | -37% | -18% | -24% | -14% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: WSBC, FNB, UBSI, TOWN, SHBI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/18/2026 (YTD)
How Low Can It Go
| Event | FUNC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -36.6% | -18.8% |
| % Gain to Breakeven | 57.7% | 23.1% |
| Time to Breakeven | 248 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -35.3% | -6.7% |
| % Gain to Breakeven | 54.4% | 7.1% |
| Time to Breakeven | 200 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -11.8% | -24.5% |
| % Gain to Breakeven | 13.4% | 32.4% |
| Time to Breakeven | 35 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -52.0% | -33.7% |
| % Gain to Breakeven | 108.2% | 50.9% |
| Time to Breakeven | 689 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -20.1% | -19.2% |
| % Gain to Breakeven | 25.2% | 23.8% |
| Time to Breakeven | 117 days | 105 days |
| 2013 Taper Tantrum | ||
| % Loss | -15.3% | -0.2% |
| % Gain to Breakeven | 18.0% | 0.2% |
| Time to Breakeven | 63 days | 1 days |
In The Past
First United's stock fell -36.6% during the 2025 US Tariff Shock. Such a loss loss requires a 57.7% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | FUNC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -36.6% | -18.8% |
| % Gain to Breakeven | 57.7% | 23.1% |
| Time to Breakeven | 248 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -35.3% | -6.7% |
| % Gain to Breakeven | 54.4% | 7.1% |
| Time to Breakeven | 200 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -52.0% | -33.7% |
| % Gain to Breakeven | 108.2% | 50.9% |
| Time to Breakeven | 689 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -20.1% | -19.2% |
| % Gain to Breakeven | 25.2% | 23.8% |
| Time to Breakeven | 117 days | 105 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -36.5% | -17.9% |
| % Gain to Breakeven | 57.5% | 21.8% |
| Time to Breakeven | 134 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -40.5% | -15.4% |
| % Gain to Breakeven | 68.0% | 18.2% |
| Time to Breakeven | 629 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -64.0% | -53.4% |
| % Gain to Breakeven | 177.8% | 114.4% |
| Time to Breakeven | 3164 days | 1085 days |
In The Past
First United's stock fell -36.6% during the 2025 US Tariff Shock. Such a loss loss requires a 57.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About First United (FUNC)
AI Analysis | Feedback
- Deposit Products: First United offers a range of checking, savings, money market, and certificate of deposit accounts, including specialized IRAs and health savings accounts.
- Loan Products: The bank provides diverse loan options, including commercial, commercial real estate, residential mortgage, home equity, construction, auto, student, and term loans.
- Treasury Management Services: Services for businesses and municipalities include cash sweep programs, commercial checking opportunities, and broader treasury management solutions.
- Trust Services: First United offers personal trust, investment agency accounts, charitable trusts, retirement account management, and estate administration and planning services.
- Insurance Products: The company provides various insurance products to meet customer needs.
- Brokerage Services: Investment brokerage services are available for clients seeking assistance with their financial portfolios.
- Banking Facilities: Customers can utilize safe deposit boxes and night depository facilities for secure transactions and storage.
AI Analysis | Feedback
First United (symbol: FUNC) sells primarily to individuals and organizations. Based on the company description, its major customer categories are:
- Individuals/Consumers: These customers utilize services such as checking accounts, savings accounts, money market accounts, IRAs, residential mortgage loans, home equity lines of credit, auto loans, student loans, personal trust services, and estate planning services.
- Businesses/Commercial Customers: These customers access services including commercial checking accounts, treasury management services, cash sweep programs, commercial loans (secured by real estate, equipment, or other assets), and commercial real estate loans.
- Municipalities: First United provides specific programs like the Certificate of Deposit Account Registry Service (CDARS) and Insured Cash Sweep (ICS) to municipalities.
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- Broadridge Financial Solutions (BR)
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Jason B. Rush, President & Chief Executive Officer
Jason B. Rush was appointed President and Chief Executive Officer of First United Corporation and First United Bank & Trust, effective January 1, 2026. He has been an employee of First United since 1993, previously serving as Senior Vice President and Chief Operating Officer.
Tonya K. Sturm, Senior Vice President & Chief Financial Officer, Corporate Secretary & Treasurer
Tonya K. Sturm has served as Chief Financial Officer of First United Corporation since June 2, 2015. She has been with the First United organization since 1992 and also holds the titles of Senior Vice President, Corporate Secretary, and Treasurer.
Carissa L. Rodeheaver, Executive Chairman of the Board
Effective January 1, 2026, Carissa L. Rodeheaver transitioned from her role as Chairman, President, and Chief Executive Officer of First United Corporation and First United Bank & Trust to become Executive Chairman, with a planned retirement in May 2026. She has over 32 years of experience in the banking industry (as of March 2024), during which she has led teams in wealth management, credit underwriting, and finance. Rodeheaver also owns and operates Country Treasures, an unincorporated retail seller of home furnishings and decor, and Rodeheaver Rentals, an unincorporated entity that owns and leases commercial and residential real property and residential apartments.
Robert L. Fisher II, Senior Vice President and Chief Revenue Officer
Robert L. Fisher II serves as Senior Vice President and Chief Revenue Officer. He possesses over 20 years of executive financial services experience. He joined First United Bank & Trust in November 2013 as Senior Vice President and Chief Lending Officer. Previously, he was a regional president at Susquehanna Bank, overseeing commercial and retail banking operations in Washington County, Maryland, and Franklin County, Pennsylvania.
Julie Peterson, Senior Vice President and Chief Credit Officer
Julie Peterson holds the position of Senior Vice President and Chief Credit Officer at First United Corporation.
AI Analysis | Feedback
Concentration of Operations and Local Economic Conditions
First United Corporation's operations are concentrated in specific counties in Maryland and West Virginia. This geographic concentration makes the company highly vulnerable to adverse economic conditions, demographic shifts, or industry-specific downturns within these limited regions. A decline in local economic activity could negatively impact loan demand, deposit growth, and the overall quality of its loan portfolio.Credit Risk and Asset Quality
As a financial institution that provides various types of loans, including commercial loans, commercial real estate loans, residential mortgage loans, and consumer loans, First United Corporation is exposed to significant credit risk. An economic downturn, particularly in its operating regions, could lead to an increase in loan defaults, non-performing assets, and charge-offs, thereby negatively affecting its financial performance and asset quality.Interest Rate Risk
First United Corporation's profitability is significantly influenced by interest rate fluctuations. Changes in interest rates can affect the bank's net interest margin, which is the difference between the interest earned on assets (like loans) and the interest paid on liabilities (like deposits). A mismatch in the repricing of its assets and liabilities, especially during periods of rapidly changing interest rates, could lead to a reduction in net interest income and overall profitability.
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The clear emerging threat to First United (FUNC) stems from the rapid growth and adoption of digital-first financial technology (fintech) companies and large technology firms entering the financial services space. These entities leverage technology and data to offer a comprehensive suite of banking products and services, including deposit accounts (e.g., neobanks), payment processing, consumer lending (e.g., online mortgages, auto loans), and commercial lending and treasury management solutions (e.g., payment processors expanding into small business loans). These competitors typically operate with significantly lower overhead, provide highly integrated and user-friendly digital experiences, and can often offer more competitive pricing and faster service. This challenges FUNC's traditional branch-based banking model for attracting and retaining both retail and commercial customers, similar to how Netflix disrupted Blockbuster's physical store model or how Uber threatened traditional taxi services with a digitally native, convenient alternative.
AI Analysis | Feedback
For the public company First United (symbol: FUNC), it is not possible to identify the precise addressable market sizes for its main products or services due to the highly localized nature of its operations and the aggregated data available.
First United Corporation operates as a bank holding company for First United Bank & Trust, providing retail and commercial banking services to businesses and individuals in specific counties across Maryland (Allegany, Frederick, Garrett, and Washington counties) and West Virginia (Mineral, Berkeley, Monongalia, and Harrison counties). Its offerings include various deposit products, different types of loans (commercial, residential, auto, student), trust services, insurance products, and brokerage services.
While general market information for commercial banking, total deposits, and total loans is available at the state level for Maryland and West Virginia, this data is not granular enough to determine the specific "addressable markets" for First United's particular product lines within its limited operating counties.
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AI Analysis | Feedback
First United Corporation (FUNC) is expected to drive future revenue growth over the next 2-3 years through several key strategies: * Growth in Loan Portfolio: The company anticipates revenue growth from an increasing loan book, supported by both higher loan balances and improved yields on its loan portfolio. Total loans reached $1,521.7 million in Q4 FY 2025, up from $1,480.8 million in Q4 FY 2024. This growth is further enhanced by loans repricing at higher rates and new loan production. * Expansion of Wealth Management Services: First United is focused on growing its wealth management income. In FY 2025, wealth management income increased by approximately 8%, driven by a market recovery, increased annuity sales, and the acquisition of new clients. * Strategic Regional Market Expansion: The company is actively pursuing growth by increasing its presence and commercial banking relationships in specific regions, particularly North Central West Virginia and Southwestern Pennsylvania. This strategy includes strategic promotions and the addition of new team members dedicated to these markets to enhance the bank's brand and execute corporate strategies. * Optimized Net Interest Margin and Deposit Growth: Revenue growth is also expected from continued deposit growth, including retail money market and savings inflows, which provide funding for lending activities. Total deposits increased by $160.3 million from December 31, 2024, to December 31, 2025, with significant increases in savings and money market accounts. This, coupled with a solid net interest margin, contributes to net interest income. * Enhanced Customer Experience and Digitalization: First United is investing in modernizing its customer experience strategy by integrating platforms like 8x8 Contact Center with Microsoft Teams. This aims to enhance communication across its locations, improve operational efficiency, and provide exceptional, future-ready customer experiences, which can indirectly lead to customer retention and attraction, thus supporting revenue growth.AI Analysis | Feedback
Here is a summary of First United's (FUNC) capital allocation decisions over the last 3-5 years:Share Repurchases
- First United's Board of Directors approved a new stock repurchase program on January 27, 2026, authorizing the company to purchase up to 1,000,000 shares of its common stock over an 18-month period, representing approximately 15.4% of its outstanding shares at that time.
- An earlier share repurchase program was announced on August 21, 2023, authorizing the repurchase of up to 825,000 shares, equivalent to 5% of the company's issued and outstanding shares, for a 12-month period.
- In 2024, the company's repurchases of common shares totaled $4.0 million.
Share Issuance
- During the three months ended March 31, 2025, First United issued 8,757 shares of common stock, valued at $74 thousand.
- The basic outstanding shares of common stock increased from 6,471,096 at December 31, 2024, to 6,499,476 at December 31, 2025.
Capital Expenditures
- While specific dollar values for capital expenditures were not explicitly detailed, the company has undertaken operational changes including branch closures, which contributed to reduced occupancy expenses.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| First United Stock Fell 11% in a Month, What Now? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to FUNC.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04302026 | EEFT | Euronet Worldwide | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 04242026 | HOMB | Home BancShares | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 1.5% | 1.5% | 0.0% |
| 03312026 | HBAN | Huntington Bancshares | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 7.1% | 7.1% | 0.0% |
| 03312026 | NP | Neptune Insurance | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 3.9% | 3.9% | 0.0% |
| 03272026 | JKHY | Jack Henry & Associates | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.3% | 0.3% | -4.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 33.83 |
| Mkt Cap | 3.2 |
| Rev LTM | 963 |
| Op Inc LTM | - |
| FCF LTM | 271 |
| FCF 3Y Avg | 200 |
| CFO LTM | 302 |
| CFO 3Y Avg | 231 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 15.6% |
| Rev Chg 3Y Avg | 7.5% |
| Rev Chg Q | 12.2% |
| QoQ Delta Rev Chg LTM | 2.9% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 31.8% |
| CFO/Rev 3Y Avg | 31.5% |
| FCF/Rev LTM | 28.2% |
| FCF/Rev 3Y Avg | 27.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 3.2 |
| P/S | 3.3 |
| P/Op Inc | - |
| P/EBIT | - |
| P/E | 10.4 |
| P/CFO | 10.0 |
| Total Yield | 12.2% |
| Dividend Yield | 2.7% |
| FCF Yield 3Y Avg | 8.8% |
| D/E | 0.2 |
| Net D/E | -0.4 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -3.8% |
| 3M Rtn | -2.7% |
| 6M Rtn | 14.2% |
| 12M Rtn | 20.6% |
| 3Y Rtn | 71.1% |
| 1M Excs Rtn | -7.7% |
| 3M Excs Rtn | -11.6% |
| 6M Excs Rtn | 0.2% |
| 12M Excs Rtn | -6.4% |
| 3Y Excs Rtn | 1.9% |
Price Behavior
| Market Price | $37.12 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 09/08/1992 | |
| Distance from 52W High | -8.4% | |
| 50 Days | 200 Days | |
| DMA Price | $37.03 | $36.52 |
| DMA Trend | up | indeterminate |
| Distance from DMA | 0.2% | 1.6% |
| 3M | 1YR | |
| Volatility | 20.6% | 28.6% |
| Downside Capture | 62.53 | 49.20 |
| Upside Capture | 40.79 | 59.55 |
| Correlation (SPY) | 27.3% | 29.7% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.29 | 0.22 | 0.37 | 0.46 | 0.74 | 0.71 |
| Up Beta | 0.20 | 0.23 | 0.23 | 0.56 | 0.97 | 0.94 |
| Down Beta | -5.20 | -0.09 | -0.06 | 0.08 | 0.84 | 0.89 |
| Up Capture | 33% | 44% | 53% | 58% | 55% | 32% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 12 | 23 | 33 | 69 | 127 | 377 |
| Down Capture | 77% | 8% | 53% | 50% | 59% | 56% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 10 | 20 | 31 | 56 | 125 | 357 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FUNC | |
|---|---|---|---|---|
| FUNC | 19.0% | 28.7% | 0.60 | - |
| Sector ETF (XLF) | 2.5% | 14.5% | -0.05 | 46.9% |
| Equity (SPY) | 26.7% | 12.1% | 1.66 | 29.6% |
| Gold (GLD) | 40.7% | 26.8% | 1.25 | -10.1% |
| Commodities (DBC) | 47.8% | 18.5% | 1.97 | -13.0% |
| Real Estate (VNQ) | 10.8% | 13.4% | 0.52 | 29.2% |
| Bitcoin (BTCUSD) | -23.9% | 41.9% | -0.54 | 8.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FUNC | |
|---|---|---|---|---|
| FUNC | 19.7% | 29.7% | 0.63 | - |
| Sector ETF (XLF) | 8.8% | 18.6% | 0.35 | 39.3% |
| Equity (SPY) | 13.8% | 17.1% | 0.64 | 29.7% |
| Gold (GLD) | 19.5% | 17.9% | 0.88 | -2.7% |
| Commodities (DBC) | 10.8% | 19.4% | 0.44 | 5.9% |
| Real Estate (VNQ) | 3.4% | 18.8% | 0.08 | 22.6% |
| Bitcoin (BTCUSD) | 6.9% | 55.9% | 0.34 | 11.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FUNC | |
|---|---|---|---|---|
| FUNC | 15.7% | 32.7% | 0.53 | - |
| Sector ETF (XLF) | 12.8% | 22.2% | 0.53 | 37.9% |
| Equity (SPY) | 15.5% | 17.9% | 0.74 | 30.5% |
| Gold (GLD) | 13.2% | 15.9% | 0.69 | -2.3% |
| Commodities (DBC) | 8.6% | 17.9% | 0.39 | 13.2% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.21 | 28.5% |
| Bitcoin (BTCUSD) | 67.3% | 66.9% | 1.06 | 7.8% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/21/2026 | 1.1% | 1.1% | |
| 2/4/2026 | 0.5% | -3.8% | -8.0% |
| 10/21/2025 | 6.9% | 5.8% | 3.7% |
| 7/21/2025 | 2.7% | -2.1% | -1.8% |
| 4/21/2025 | 1.8% | 6.1% | 11.8% |
| 2/5/2025 | 9.1% | 22.1% | -4.9% |
| 10/21/2024 | -0.4% | -0.4% | 9.8% |
| 7/23/2024 | 0.0% | 6.1% | 5.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 18 | 15 | 13 |
| # Negative | 7 | 10 | 11 |
| Median Positive | 1.5% | 4.1% | 5.2% |
| Median Negative | -1.7% | -3.1% | -4.9% |
| Max Positive | 9.1% | 22.1% | 15.5% |
| Max Negative | -5.0% | -13.5% | -17.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/08/2026 | 10-Q |
| 12/31/2025 | 03/10/2026 | 10-K |
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 03/20/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/15/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/12/2023 | 10-Q |
| 12/31/2022 | 03/24/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/11/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Sturm, Tonya K | EVP & CFO | Direct | Buy | 5052026 | 38.10 | 3 | 112 | 453,718 | Form |
| 2 | Boal, Brian R | Direct | Buy | 5052026 | 38.10 | 78 | 2,990 | 796,953 | Form | |
| 3 | Rush, Jason Barry | President & CEO | Direct | Buy | 5052026 | 38.10 | 76 | 2,899 | 1,035,057 | Form |
| 4 | Rodeheaver, Carissa Lynn | Direct | Buy | 5042026 | 37.99 | 167 | 6,352 | 1,819,936 | Form | |
| 5 | Tasker, Anthony James | SVP & COO | Direct | Sell | 2202026 | 39.15 | 1 | 33 | 13,076 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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